Sector Alpha Week of 2026-09-16
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Oil & Gas Equipment & Services Stocks

Oil & Gas Equipment & Services: SLB N.V. owns the largest revenue base; Solaris Energy Infrastructure, Inc. has the fastest current growth.

01 · the industry itself · before any single company

How has Oil & Gas Equipment & Services moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 51% ahead of S&P 500. Earnings across its companies fell 3% on average over the last four reported quarters.

TURNING · ahead 1w~Price up, without the fundamentals confirming16 of 37 companies ahead of S&P 500 by 5% or more over three months

RS ↑1w · 22/37 >200d (−3) · 16/37 lead (+7) · EPS 15/34↑

20050020262025202420232022 788347 TRAILING 12-MONTH EPS · 100 AT THE START0100218Jun 22Dec 22Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reportingJun 2022 · trailing 12-month earnings per share at 111, against 100 at the start · no comparable year yet · 9 reportingSep 2022 · trailing 12-month earnings per share at 134, against 100 at the start · no comparable year yet · 9 reportingDec 2022 · trailing 12-month earnings per share at 147, against 100 at the start · no comparable year yet · 10 reportingMar 2023 · trailing 12-month earnings per share at 174, against 100 at the start · up 80.2% on a year ago · 10 reportingJun 2023 · trailing 12-month earnings per share at 205, against 100 at the start · up 124.7% on a year ago · 10 reportingSep 2023 · trailing 12-month earnings per share at 218, against 100 at the start · up 50.9% on a year ago · 10 reportingDec 2023 · trailing 12-month earnings per share at 209, against 100 at the start · up 49.1% on a year ago · 12 reportingMar 2024 · trailing 12-month earnings per share at 201, against 100 at the start · up 20.4% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 164, against 100 at the start · down 6.9% on a year ago · 12 reportingSep 2024 · trailing 12-month earnings per share at 163, against 100 at the start · up 9.5% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 176, against 100 at the start · down 3.1% on a year ago · 12 reportingMar 2025 · trailing 12-month earnings per share at 158, against 100 at the start · down 0.4% on a year ago · 12 reportingJun 2025 · trailing 12-month earnings per share at 132, against 100 at the start · up 2.9% on a year ago · 14 reportingSep 2025 · trailing 12-month earnings per share at 143, against 100 at the start · down 1.5% on a year ago · 14 reportingDec 2025 · trailing 12-month earnings per share at 111, against 100 at the start · down 11.8% on a year ago · 14 reportingMar 2026 · trailing 12-month earnings per share at 113, against 100 at the start · down 1.5% on a year ago · 14 reportingJun 2026 · trailing 12-month earnings per share at 132, against 100 at the start · up 1.3% on a year ago · 4 reporting · thin coverageNot reported yet — earnings trail price by a quarter or two132No earnings on file this far back — the price series reaches further than the filings do
20050020262025202420232022 788347 TRAILING 12-MONTH EPS · 100 AT THE START0100218Jun 22Jun 23Jun 24Jun 25Jun 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 9 reportingJun 2022 · trailing 12-month earnings per share at 111, against 100 at the start · no comparable year yet · 9 reportingSep 2022 · trailing 12-month earnings per share at 134, against 100 at the start · no comparable year yet · 9 reportingDec 2022 · trailing 12-month earnings per share at 147, against 100 at the start · no comparable year yet · 10 reportingMar 2023 · trailing 12-month earnings per share at 174, against 100 at the start · up 80.2% on a year ago · 10 reportingJun 2023 · trailing 12-month earnings per share at 205, against 100 at the start · up 124.7% on a year ago · 10 reportingSep 2023 · trailing 12-month earnings per share at 218, against 100 at the start · up 50.9% on a year ago · 10 reportingDec 2023 · trailing 12-month earnings per share at 209, against 100 at the start · up 49.1% on a year ago · 12 reportingMar 2024 · trailing 12-month earnings per share at 201, against 100 at the start · up 20.4% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 164, against 100 at the start · down 6.9% on a year ago · 12 reportingSep 2024 · trailing 12-month earnings per share at 163, against 100 at the start · up 9.5% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 176, against 100 at the start · down 3.1% on a year ago · 12 reportingMar 2025 · trailing 12-month earnings per share at 158, against 100 at the start · down 0.4% on a year ago · 12 reportingJun 2025 · trailing 12-month earnings per share at 132, against 100 at the start · up 2.9% on a year ago · 14 reportingSep 2025 · trailing 12-month earnings per share at 143, against 100 at the start · down 1.5% on a year ago · 14 reportingDec 2025 · trailing 12-month earnings per share at 111, against 100 at the start · down 11.8% on a year ago · 14 reportingMar 2026 · trailing 12-month earnings per share at 113, against 100 at the start · down 1.5% on a year ago · 14 reportingJun 2026 · trailing 12-month earnings per share at 132, against 100 at the start · up 1.3% on a year ago · 4 reporting · thin coverageNot reported yet — earnings trail price by a quarter or two132No earnings on file this far back — the price series reaches further than the filings do
Oil & Gas Equipment & Services, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 37 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

02 · sector relative strength, before individual stocks

Is Oil & Gas Equipment & Services outperforming S&P 500?

Oil & Gas Equipment & Services has outperformed S&P 500 by 50.3% over the last 52 weeks. Over 13 weeks the gap is a lead of 2.5%. 17 of 29 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective.

+2.5%Sector vs S&P 500 · 13 weeks
+50.3%Sector vs S&P 500 · 52 weeks
17/29Stocks leading S&P 500
10/29Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Oil & Gas Equipment & Services has outperformed S&P 500 by 50.3% over 52 weeks and 2.5% over 13 weeks. 17 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 10 of 29 beat the sector itself. SLB N.V. leads with revenue of $36,366 million, based on 19 of 30 comparable companies through Jun 2026.

Companies
30
complete canonical membership
Combined market value
$306.6B
SLB N.V.
Revenue growing
16/19
positive TTM year-on-year growth
Beating S&P 500
17/29
positive Mansfield relative strength
Comparing 5 of 30
03 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
TechnipFMC plc has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 85.3% evidence confidence.
Tidewater Inc. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Tidewater Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1TechnipFMC plcFTI 68.1/100Favorable setup85% evidence BREAKING OUT 24.2/35 Revenue 9.9% · PAT 20.6% · OPM change 2.1 pp 95% evidence 15.0/25 ROCE 9.8% · OPM 17.5% 76% evidence 13.4/20 P/E 23× · PEG 0.64 65% evidence 15.5/20 RS sector 4.4% · RS bench 12.7% · 1Y 84.7%5 of 12 weeks ahead 100% evidence
Exact sum: 24.2 + 15 + 13.4 + 15.5 = 68.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Flotek Industries, Inc.FTK 67.9/100Favorable setup71% evidence TURNING 26.2/35 Revenue 24.8% · PAT 100% · OPM change 0.7 pp 83% evidence 12.3/25 ROCE 5.3% · OPM 10.8% 76% evidence 10.5/20 P/E 21.8× · PEG — 15% evidence 18.9/20 RS sector 24.5% · RS bench 36.5% · 1Y 116.1%11 of 12 weeks ahead 100% evidence
Exact sum: 26.2 + 12.3 + 10.5 + 18.9 = 67.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3National Energy Services Reunited Corp.NESR 61.4/100Mixed-positive evidence81% evidence LEADER 19.5/35 Revenue 8.9% · PAT -15.6% · OPM change 2 pp 83% evidence 10.6/25 ROCE 2.8% · OPM 8.9% 76% evidence 13.9/20 P/E 33× · PEG 0.4 65% evidence 17.4/20 RS sector 27.5% · RS bench 36.5% · 1Y 209.3%12 of 12 weeks ahead 100% evidence
Exact sum: 19.5 + 10.6 + 13.9 + 17.4 = 61.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Cactus, Inc.WHD 60.2/100Thin evidence · provisional58% evidence BREAKING OUT 17.9/35 Revenue — · PAT — · OPM change -11.8 pp 45% evidence 14.4/25 ROCE 4.5% · OPM 12.7% 76% evidence 9.6/20 P/E 43.8× · PEG — 15% evidence 18.3/20 RS sector 9.3% · RS bench 19.7% · 1Y 70.2%8 of 12 weeks ahead 100% evidence
Exact sum: 17.9 + 14.4 + 9.6 + 18.3 = 60.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5Tidewater Inc.TDW 59.6/100Mixed-positive evidence81% evidence BREAKING OUT 13.6/35 Revenue -0.9% · PAT 69.7% · OPM change -4.4 pp 83% evidence 12.6/25 ROCE 3.1% · OPM 18.1% 76% evidence 15.0/20 P/E 14× · PEG 0.43 65% evidence 18.4/20 RS sector 8.3% · RS bench 17.6% · 1Y 57.5%6 of 12 weeks ahead 100% evidence
Exact sum: 13.6 + 12.6 + 15 + 18.4 = 59.6 · Decision use: Price leads the evidence: RS versus the benchmark is 17.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
6Solaris Energy Infrastructure, Inc.SEI 59.3/100Mixed-positive evidence81% evidence ASLEEP 26.7/35 Revenue 86.5% · PAT 100% · OPM change 8.3 pp 83% evidence 12.9/25 ROCE 2.8% · OPM 25.8% 76% evidence 13.0/20 P/E 63.5× · PEG 0.5 65% evidence 6.7/20 RS sector -4% · RS bench 5.2% · 1Y 71.7%1 of 12 weeks ahead 100% evidence
Exact sum: 26.7 + 12.9 + 13 + 6.7 = 59.3 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -4% and the one-year return is 71.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
7Oceaneering International, Inc.OII 58.1/100Thin evidence · provisional58% evidence BREAKING OUT 15.6/35 Revenue — · PAT — · OPM change -2.6 pp 45% evidence 12.5/25 ROCE 4.9% · OPM 8.3% 76% evidence 11.5/20 P/E 11.6× · PEG — 15% evidence 18.5/20 RS sector 16.8% · RS bench 26.2% · 1Y 91.3%11 of 12 weeks ahead 100% evidence
Exact sum: 15.6 + 12.5 + 11.5 + 18.5 = 58.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8USA Compression Partners, LPUSAC 58.0/100Mixed-positive evidence81% evidence TURNING 22.8/35 Revenue 12.1% · PAT 34.4% · OPM change -0.7 pp 83% evidence 14.7/25 ROCE 3% · OPM 27.6% 76% evidence 13.0/20 P/E 28× · PEG 0.66 65% evidence 7.5/20 RS sector -14.7% · RS bench -5.7% · 1Y 11.5%0 of 12 weeks ahead 100% evidence
Exact sum: 22.8 + 14.7 + 13 + 7.5 = 58 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9LandBridge Company LLCLB 56.6/100Mixed-positive evidence64% evidence BREAKING OUT 17.6/35 Revenue 54.5% · PAT — · OPM change 0.2 pp 62% evidence 11.8/25 ROCE 2.5% · OPM 57.2% 76% evidence 9.3/20 P/E 71.2× · PEG — 15% evidence 17.9/20 RS sector 5.1% · RS bench 15.4% · 1Y 61.1%10 of 12 weeks ahead 100% evidence
Exact sum: 17.6 + 11.8 + 9.3 + 17.9 = 56.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Archrock, Inc.AROC 53.8/100Mixed-positive evidence81% evidence ASLEEP 21.2/35 Revenue 22.6% · PAT 60.1% · OPM change -1.3 pp 83% evidence 15.6/25 ROCE 3.2% · OPM 33.8% 76% evidence 15.0/20 P/E 18.9× · PEG 0.34 65% evidence 2.0/20 RS sector -15.8% · RS bench -8.1% · 1Y 28.8%0 of 12 weeks ahead 100% evidence
Exact sum: 21.2 + 15.6 + 15 + 2 = 53.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Tenaris S.A.TS 53.0/100Mixed-positive evidence85% evidence ASLEEP 12.6/35 Revenue 2.3% · PAT -3.3% · OPM change -2.2 pp 95% evidence 17.6/25 ROCE 12.2% · OPM 16.7% 76% evidence 13.0/20 P/E 14.6× · PEG 0.95 65% evidence 9.8/20 RS sector -3.1% · RS bench 5.2% · 1Y 61.2%0 of 12 weeks ahead 100% evidence
Exact sum: 12.6 + 17.6 + 13 + 9.8 = 53 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
12Kodiak Gas Services, Inc.KGS 47.8/100Mixed-negative evidence81% evidence ASLEEP 21.8/35 Revenue 3.9% · PAT 32.7% · OPM change 3.8 pp 83% evidence 11.6/25 ROCE 2.6% · OPM 30.9% 76% evidence 6.7/20 P/E 78.8× · PEG 1.99 65% evidence 7.7/20 RS sector -3% · RS bench 4.4% · 1Y 75.6%0 of 12 weeks ahead 100% evidence
Exact sum: 21.8 + 11.6 + 6.7 + 7.7 = 47.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Select Water Solutions, Inc.WTTR 47.4/100Mixed-negative evidence64% evidence TURNING 15.1/35 Revenue -4.1% · PAT — · OPM change 0.7 pp 62% evidence 5.5/25 ROCE 1.3% · OPM 4.9% 76% evidence 9.1/20 P/E 72.9× · PEG — 15% evidence 17.7/20 RS sector 18.2% · RS bench 27.9% · 1Y 103.5%9 of 12 weeks ahead 100% evidence
Exact sum: 15.1 + 5.5 + 9.1 + 17.7 = 47.4 · Decision use: Price leads the evidence: RS versus the benchmark is 27.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
14NOV Inc.NOV 46.7/100Thin evidence · provisional58% evidence TURNING 17.1/35 Revenue — · PAT — · OPM change -4.9 pp 45% evidence 8.2/25 ROCE 2.2% · OPM 2.3% 76% evidence 9.2/20 P/E 71.3× · PEG — 15% evidence 12.2/20 RS sector -3.3% · RS bench 5.9% · 1Y 62.8%1 of 12 weeks ahead 100% evidence
Exact sum: 17.1 + 8.2 + 9.2 + 12.2 = 46.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15Halliburton CompanyHAL 46.3/100Mixed-negative evidence85% evidence ASLEEP 11.0/35 Revenue 0.6% · PAT -14.2% · OPM change -0.4 pp 95% evidence 18.0/25 ROCE 14.9% · OPM 12.8% 76% evidence 11.9/20 P/E 17.7× · PEG 1.08 65% evidence 5.4/20 RS sector -10.9% · RS bench -2.8% · 1Y 53.3%0 of 12 weeks ahead 100% evidence
Exact sum: 11 + 18 + 11.9 + 5.4 = 46.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16Flowco Holdings Inc.FLOC 45.4/100Mixed-negative evidence71% evidence ASLEEP 19.1/35 Revenue 17.7% · PAT 45.6% · OPM change -1.1 pp 83% evidence 12.1/25 ROCE 2.2% · OPM 17.3% 76% evidence 10.9/20 P/E 17.6× · PEG — 15% evidence 3.3/20 RS sector -15.2% · RS bench -7.2% · 1Y 34.1%0 of 12 weeks ahead 100% evidence
Exact sum: 19.1 + 12.1 + 10.9 + 3.3 = 45.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Enerflex Ltd.EFXT 44.2/100Mixed-negative evidence81% evidence ASLEEP 16.3/35 Revenue 11.8% · PAT 12.2% · OPM change -1.3 pp 83% evidence 11.0/25 ROCE 3.7% · OPM 11.6% 76% evidence 6.8/20 P/E 31.3× · PEG 2.31 65% evidence 10.1/20 RS sector 0.1% · RS bench 7.7% · 1Y 108.4%0 of 12 weeks ahead 100% evidence
Exact sum: 16.3 + 11 + 6.8 + 10.1 = 44.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18SLB N.V.SLB 42.4/100Mixed-negative evidence85% evidence TURNING 10.7/35 Revenue 2.5% · PAT -25.2% · OPM change -1.8 pp 95% evidence 12.2/25 ROCE 2.8% · OPM 11.9% 76% evidence 8.7/20 P/E 22.5× · PEG 1.89 65% evidence 10.8/20 RS sector -4.2% · RS bench 4.5% · 1Y 51.9%1 of 12 weeks ahead 100% evidence
Exact sum: 10.7 + 12.2 + 8.7 + 10.8 = 42.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Innovex International, Inc.INVX 41.9/100Mixed-negative evidence75% evidence TURNING 9.6/35 Revenue 26.4% · PAT -63.6% · OPM change -18.2 pp 83% evidence 4.5/25 ROCE -2% · OPM -9.1% 76% evidence 14.9/20 P/E 32.5× · PEG 0.1 65% evidence 12.9/20 RS sector 0.4% · RS bench 10.1% · 1Y 69%4 of 12 weeks ahead 70% evidence
Exact sum: 9.6 + 4.5 + 14.9 + 12.9 = 41.9 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
20Bristow Group Inc.VTOL 41.7/100Mixed-negative evidence75% evidence ASLEEP 14.1/35 Revenue 6.8% · PAT 0.9% · OPM change -0.7 pp 83% evidence 7.5/25 ROCE 1.8% · OPM 8.9% 76% evidence 16.1/20 P/E 12.2× · PEG 0.24 65% evidence 4.0/20 RS sector -17.4% · RS bench -8.7% · 1Y 11.4%1 of 12 weeks ahead 70% evidence
Exact sum: 14.1 + 7.5 + 16.1 + 4 = 41.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
21RPC, Inc.RES 37.8/100Thin evidence · provisional52% evidence ASLEEP 15.9/35 Revenue — · PAT — · OPM change -3.1 pp 45% evidence 7.9/25 ROCE 1.2% · OPM 0.6% 76% evidence 9.4/20 P/E 64.8× · PEG — 15% evidence 4.6/20 RS sector -15.8% · RS bench -7.5% · 1Y 32.6%0 of 12 weeks ahead 70% evidence
Exact sum: 15.9 + 7.9 + 9.4 + 4.6 = 37.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
22Weatherford International plcWFRD 37.2/100Thin evidence · provisional58% evidence ASLEEP 13.4/35 Revenue — · PAT — · OPM change -1.2 pp 45% evidence 11.2/25 ROCE 2.9% · OPM 10.7% 76% evidence 11.1/20 P/E 16.1× · PEG — 15% evidence 1.5/20 RS sector -20.4% · RS bench -12.7% · 1Y 29.1%0 of 12 weeks ahead 100% evidence
Exact sum: 13.4 + 11.2 + 11.1 + 1.5 = 37.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
23Baker Hughes CompanyBKR 36.0/100Mixed-negative evidence85% evidence ASLEEP 12.2/35 Revenue 0.4% · PAT 1.3% · OPM change -0.6 pp 95% evidence 12.9/25 ROCE 3% · OPM 14.2% 76% evidence 6.0/20 P/E 17.9× · PEG 2.86 65% evidence 4.9/20 RS sector -15% · RS bench -6.7% · 1Y 19%0 of 12 weeks ahead 100% evidence
Exact sum: 12.2 + 12.9 + 6 + 4.9 = 36 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
24Liberty Energy Inc.LBRT 33.9/100Thin evidence · provisional58% evidence ASLEEP 17.2/35 Revenue — · PAT — · OPM change 0.3 pp 45% evidence 6.8/25 ROCE 0.4% · OPM 2.2% 76% evidence 9.7/20 P/E 35.4× · PEG — 15% evidence 0.2/20 RS sector -27.2% · RS bench -21.3% · 1Y 75.9%0 of 12 weeks ahead 100% evidence
Exact sum: 17.2 + 6.8 + 9.7 + 0.2 = 33.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
25Expro Group Holdings N.V.XPRO 33.9/100Thin evidence · provisional52% evidence BREAKING OUT 13.0/35 Revenue — · PAT — · OPM change -1.7 pp 45% evidence 4.8/25 ROCE 0.6% · OPM 0.9% 76% evidence 8.8/20 P/E 82.1× · PEG — 15% evidence 7.3/20 RS sector -9.9% · RS bench -0.8% · 1Y 37%6 of 12 weeks ahead 70% evidence
Exact sum: 13 + 4.8 + 8.8 + 7.3 = 33.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
26ProPetro Holding Corp.PUMP 30.9/100Thin evidence · provisional52% evidence ASLEEP 14.8/35 Revenue — · PAT — · OPM change -5.6 pp 45% evidence 4.2/25 ROCE -0.2% · OPM -3% 76% evidence 8.6/20 P/E 951× · PEG — 15% evidence 3.3/20 RS sector -24.4% · RS bench -18.5% · 1Y 110.5%0 of 12 weeks ahead 70% evidence
Exact sum: 14.8 + 4.2 + 8.6 + 3.3 = 30.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
27Atlas Energy Solutions Inc.AESI 23.8/100Adverse evidence71% evidence ASLEEP 4.7/35 Revenue -8.3% · PAT -391.2% · OPM change -17.4 pp 83% evidence 4.5/25 ROCE -1.6% · OPM -12.2% 76% evidence 8.7/20 P/E 95.5× · PEG — 15% evidence 5.9/20 RS sector -8% · RS bench 0.4% · 1Y 25%2 of 12 weeks ahead 100% evidence
Exact sum: 4.7 + 4.5 + 8.7 + 5.9 = 23.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
28EagleRock Land, LLCEROK 51.7/100Thin evidence · provisional21% evidence BREAKING OUT 18.0/35 Revenue — · PAT — · OPM change 18.2 pp 7% evidence 13.7/25 ROCE 7.2% · OPM 40.9% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector — · RS bench — · 1Y —6 of 6 weeks ahead 0% evidence
Exact sum: 18 + 13.7 + 10 + 10 = 51.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
29WaterBridge Infrastructure LLCWBI 47.5/100Thin evidence · provisional50% evidence ASLEEP 18.0/35 Revenue — · PAT — · OPM change -0.9 pp 39% evidence 9.6/25 ROCE 1.3% · OPM 15.2% 76% evidence 8.5/20 P/E 1040.6× · PEG — 15% evidence 11.4/20 RS sector -2.5% · RS bench 7.2% · 1Y 33.4%7 of 12 weeks ahead 70% evidence
Exact sum: 18 + 9.6 + 8.5 + 11.4 = 47.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
30NextDecade CorporationNEXT 42.6/100Thin evidence · provisional47% evidence BASING 17.9/35 Revenue — · PAT — · OPM change — 33% evidence 5.5/25 ROCE -0.5% · OPM — 61% evidence 10.0/20 P/E — · PEG — 0% evidence 9.2/20 RS sector -10.1% · RS bench -1% · 1Y 7.3%1 of 12 weeks ahead 100% evidence
Exact sum: 17.9 + 5.5 + 10 + 9.2 = 42.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 30 companies
04 · what price has already done

Market action

National Energy Services Reunited Corp. has the strongest one-year price move in Oil & Gas Equipment & Services at +209.3%. Flotek Industries, Inc. leads on Mansfield relative strength against the S&P 500 at +36.5%. 17 of 29 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-09-16.

Price and relative strength

Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Revenue Scale & Growth Durability

SLB N.V. has the highest Revenue among the 30 Oil & Gas Equipment & Services companies compared here, at $36,366 million. Baker Hughes Company is next at $27,725 million. Solaris Energy Infrastructure, Inc. has the highest Revenue growth at 86.5%, so level and change sit with different companies. Its Revenue series carries 20 reported observations across the 20-quarter window.

What the numbers say: SLB N.V. is the scale leader at $36,366 million, 31.2% ahead of Baker Hughes Company. Solaris Energy Infrastructure, Inc.'s growth is 86.5% from a $692 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderSLB N.V. · $36,366 million
Gap31.2% versus #2 · Baker Hughes Company
Persistence5/8 recent comparable periods
Coverage19/30 companies · 501 observations

Investor read: SLB N.V. is the scale benchmark; Solaris Energy Infrastructure, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: SLB N.V.'s growth falls below Solaris Energy Infrastructure, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1SLB N.V. SLB$36.4B
4Tenaris S.A. TS$12.0B
5TechnipFMC plc FTI$10.4B
Revenue · company comparison
19/30 level · 19/30 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
SLB N.V. SLB$9.0B5.0%Jun 2026
Baker Hughes Company BKR$6.7B-2.4%Jun 2026
Halliburton Company HAL$5.7B3.7%Jun 2026
Tenaris S.A. TS$3.0B-3.9%Jun 2026
TechnipFMC plc FTI$2.8B9.0%Jun 2026
NOV Inc. NOV$2.1B-2.4%Jun 2026
Weatherford International plc WFRD$1.2B-3.4%Jun 2026
Liberty Energy Inc. LBRT$1.0B4.5%Jun 2026
Oceaneering International, Inc. OII$692M2.5%Jun 2026
Enerflex Ltd. EFXT$584M5.8%Mar 2026
RPC, Inc. RES$455M37%Jun 2026
National Energy Services Reunited Corp. NESR$405M34%Mar 2026
Bristow Group Inc. VTOL$389M11%Mar 2026
Cactus, Inc. WHD$388M39%Jun 2026
Archrock, Inc. AROC$374M7.8%Mar 2026
Expro Group Holdings N.V. XPRO$368M-5.9%Jun 2026
Select Water Solutions, Inc. WTTR$366M-2.1%Mar 2026
Kodiak Gas Services, Inc. KGS$346M4.9%Mar 2026
USA Compression Partners, LP USAC$331M35%Mar 2026
Tidewater Inc. TDW$326M-2.1%Mar 2026
ProPetro Holding Corp. PUMP$271M-25%Jun 2026
Atlas Energy Solutions Inc. AESI$266M-11%Mar 2026
Innovex International, Inc. INVX$239M-0.4%Mar 2026
Flowco Holdings Inc. FLOC$210M9.4%Mar 2026
WaterBridge Infrastructure LLC WBI$201M105%Mar 2026
Solaris Energy Infrastructure, Inc. SEI$196M56%Mar 2026
Flotek Industries, Inc. FTK$70M27%Mar 2026
LandBridge Company LLC LB$51M16%Mar 2026
EagleRock Land, LLC EROK$23M229%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

$195M
$195M
$197M
$216M
$214M
$219M
$230M
$248M
$253M
$260M
$268M
$271M
$292M
$326M
$347M
$383M
$382M
$377M
$374M

Baker Hughes Company · BKR

$5.1B
$5.5B
$4.8B
$5.0B
$5.4B
$5.9B
$5.7B
$6.3B
$6.6B
$6.8B
$6.4B
$7.1B
$6.9B
$7.4B
$6.4B
$6.9B
$7.0B
$7.4B
$6.6B
$6.7B

Cactus, Inc. · WHD

$115M
$130M
$146M
$170M
$184M
$188M
$228M
$306M
$288M
$275M
$274M
$290M
$293M
$272M
$280M
$274M
$264M
$261M
$388M

Halliburton Company · HAL

$3.9B
$4.3B
$4.3B
$5.1B
$5.4B
$5.6B
$5.7B
$5.8B
$5.8B
$5.7B
$5.8B
$5.8B
$5.7B
$5.6B
$5.4B
$5.5B
$5.6B
$5.7B
$5.4B
$5.7B

Kodiak Gas Services, Inc. · KGS

$168M
$177M
$183M
$180M
$190M
$203M
$231M
$226M
$215M
$310M
$325M
$310M
$330M
$323M
$323M
$333M
$346M

LandBridge Company LLC · LB

$16M
$16M
$22M
$18M
$17M
$19M
$26M
$28M
$36M
$44M
$48M
$51M
$57M
$51M

NOV Inc. · NOV

$1.3B
$1.5B
$1.5B
$1.7B
$1.9B
$2.1B
$2.0B
$2.1B
$2.2B
$2.3B
$2.2B
$2.2B
$2.2B
$2.3B
$2.1B
$2.2B
$2.2B
$2.3B
$2.1B

SLB N.V. · SLB

$5.8B
$6.2B
$6.0B
$6.8B
$7.5B
$7.9B
$7.7B
$8.1B
$8.3B
$9.0B
$8.7B
$9.1B
$9.2B
$9.3B
$8.5B
$8.5B
$8.9B
$9.7B
$8.7B
$9.0B

Solaris Energy Infrastructure, Inc. · SEI

$49M
$46M
$57M
$87M
$92M
$84M
$83M
$77M
$70M
$63M
$68M
$74M
$75M
$96M
$126M
$149M
$167M
$180M
$196M

TechnipFMC plc · FTI

$1.6B
$1.5B
$1.6B
$1.7B
$1.7B
$1.7B
$1.7B
$2.0B
$2.1B
$2.1B
$2.0B
$2.3B
$2.3B
$2.4B
$2.2B
$2.5B
$2.6B
$2.5B
$2.5B
$2.8B

Tenaris S.A. · TS

$1.8B
$2.1B
$2.4B
$2.8B
$3.0B
$3.6B
$4.1B
$4.1B
$3.2B
$3.4B
$3.4B
$3.3B
$2.9B
$2.8B
$2.9B
$3.1B
$3.0B
$3.0B
$3.1B
$3.0B

Weatherford International plc · WFRD

$945M
$965M
$938M
$1.1B
$1.1B
$1.2B
$1.2B
$1.3B
$1.3B
$1.4B
$1.4B
$1.4B
$1.4B
$1.3B
$1.2B
$1.2B
$1.2B
$1.3B
$1.2B

Revenue growth · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

10%
9.7%
12%
17%
15%
18%
19%
17%
9.3%
15%
25%
29%
41%
31%
16%
7.8%

Baker Hughes Company · BKR

-1.9%
5.4%
7.7%
18%
25%
24%
16%
12%
13%
4.0%
7.7%
0.1%
-3.2%
1.5%
0.3%
2.5%
-2.4%

Cactus, Inc. · WHD

56%
60%
45%
56%
80%
57%
46%
20%
-5.2%
1.7%
-1.1%
2.2%
-5.5%
-9.9%
-4.0%
39%

Halliburton Company · HAL

37%
39%
31%
33%
14%
8.3%
2.8%
2.2%
0.6%
-1.8%
-2.3%
-6.7%
-5.5%
-1.7%
0.8%
-0.3%
3.7%

Kodiak Gas Services, Inc. · KGS

13%
15%
26%
26%
13%
53%
41%
37%
53%
4.2%
-0.6%
7.4%
4.9%

LandBridge Company LLC · LB

6.3%
19%
18%
56%
112%
132%
85%
82%
58%
16%

NOV Inc. · NOV

22%
41%
37%
27%
21%
16%
13%
9.8%
5.9%
0.3%
-1.5%
-2.4%
-1.3%
-0.7%
-1.3%
-2.4%

SLB N.V. · SLB

20%
28%
27%
30%
20%
11%
14%
13%
13%
10%
3.3%
-2.5%
-6.5%
-2.5%
5.0%
2.7%
5.0%

Solaris Energy Infrastructure, Inc. · SEI

88%
83%
46%
-11%
-24%
-25%
-18%
-3.9%
7.1%
52%
85%
101%
123%
88%
56%

TechnipFMC plc · FTI

2.9%
9.8%
11%
10%
15%
19%
23%
19%
18%
14%
14%
9.4%
9.0%
13%
6.3%
12%
9.0%

Tenaris S.A. · TS

83%
70%
76%
75%
46%
8.8%
-5.7%
-17%
-18%
-10.0%
-17%
-15%
-7.1%
2.2%
5.3%
6.1%
-3.9%

Weatherford International plc · WFRD

18%
19%
25%
26%
20%
17%
13%
15%
10%
7.3%
-1.5%
-12%
-14%
-13%
-3.9%
-3.4%
06 · compare level, then change

Operating Economics & Margin Trend

LandBridge Company LLC has the highest OPM among the 30 Oil & Gas Equipment & Services companies compared here, at 57.2%. EagleRock Land, LLC is next at 40.9%. EagleRock Land, LLC has the highest Margin change at +18.2 percentage points, so level and change sit with different companies. Its OPM series carries 14 reported observations across the 20-quarter window.

What the numbers say: LandBridge Company LLC leads opm at 57.2%; EagleRock Land, LLC leads margin change at +18.2 percentage points.

LeaderLandBridge Company LLC · 57.2%
Gap39.9% versus #2 · EagleRock Land, LLC
Persistence5/8 recent comparable periods
Coverage29/30 companies · 501 observations

Investor read: LandBridge Company LLC sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
Operating margin · company comparison
29/30 level · 29/30 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
LandBridge Company LLC LB57%+0.2 ppMar 2026
EagleRock Land, LLC EROK41%+18.2 ppMar 2026
Archrock, Inc. AROC34%−1.3 ppMar 2026
Kodiak Gas Services, Inc. KGS31%+3.8 ppMar 2026
USA Compression Partners, LP USAC28%−0.7 ppMar 2026
Solaris Energy Infrastructure, Inc. SEI26%+8.3 ppMar 2026
Tidewater Inc. TDW18%−4.4 ppMar 2026
TechnipFMC plc FTI18%+2.1 ppJun 2026
Flowco Holdings Inc. FLOC17%−1.1 ppMar 2026
Tenaris S.A. TS17%−2.2 ppJun 2026
WaterBridge Infrastructure LLC WBI15%−0.9 ppMar 2026
Baker Hughes Company BKR14%−0.6 ppJun 2026
Halliburton Company HAL13%−0.4 ppJun 2026
Cactus, Inc. WHD13%−11.8 ppJun 2026
SLB N.V. SLB12%−1.8 ppJun 2026
Enerflex Ltd. EFXT12%−1.3 ppMar 2026
Flotek Industries, Inc. FTK11%+0.7 ppMar 2026
Weatherford International plc WFRD11%−1.2 ppJun 2026
National Energy Services Reunited Corp. NESR8.9%+2.0 ppMar 2026
Bristow Group Inc. VTOL8.9%−0.7 ppMar 2026
Oceaneering International, Inc. OII8.3%−2.6 ppJun 2026
Select Water Solutions, Inc. WTTR4.9%+0.7 ppMar 2026
NOV Inc. NOV2.3%−4.9 ppJun 2026
Liberty Energy Inc. LBRT2.2%+0.3 ppJun 2026
Expro Group Holdings N.V. XPRO0.9%−1.7 ppJun 2026
RPC, Inc. RES0.6%−3.1 ppJun 2026
ProPetro Holding Corp. PUMP-3.0%−5.6 ppJun 2026
Innovex International, Inc. INVX-9.1%−18.2 ppMar 2026
Atlas Energy Solutions Inc. AESI-12%−17.4 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

12%
13%
13%
15%
15%
15%
20%
26%
27%
26%
29%
28%
29%
32%
35%
32%
37%
43%
34%

Baker Hughes Company · BKR

7.4%
11%
5.8%
-0.5%
5.0%
11%
7.7%
8.1%
11%
12%
11%
12%
15%
15%
9.5%
15%
13%
11%
21%
14%

Cactus, Inc. · WHD

18%
20%
21%
26%
28%
26%
22%
16%
30%
29%
23%
28%
26%
26%
25%
22%
23%
23%
13%

Halliburton Company · HAL

11%
12%
12%
7.4%
16%
16%
17%
17%
18%
18%
17%
18%
17%
17%
13%
13%
13%
15%
13%
13%

Kodiak Gas Services, Inc. · KGS

32%
29%
32%
32%
32%
31%
26%
27%
28%
18%
20%
22%
27%
31%
20%
26%
31%

LandBridge Company LLC · LB

20%
1.0%
209%
107%
31%
71%
-197%
11%
49%
57%
60%
61%
60%
57%

NOV Inc. · NOV

-3.2%
-1.0%
-1.4%
3.9%
2.9%
7.8%
6.4%
8.6%
8.4%
6.9%
7.5%
14%
8.9%
9.0%
7.2%
6.5%
4.9%
4.0%
2.3%

SLB N.V. · SLB

13%
13%
12%
14%
16%
16%
15%
17%
18%
16%
16%
16%
17%
15%
13%
14%
12%
10%
12%
12%

Solaris Energy Infrastructure, Inc. · SEI

4.1%
3.8%
13%
12%
15%
12%
18%
20%
14%
15%
15%
16%
7.0%
27%
18%
24%
23%
22%
26%

TechnipFMC plc · FTI

2.3%
-2.4%
0.7%
4.5%
4.7%
1.7%
3.0%
8.0%
7.8%
6.7%
7.8%
13%
12%
9.1%
12%
15%
15%
8.8%
14%
18%

Tenaris S.A. · TS

13%
14%
21%
24%
27%
29%
33%
31%
27%
23%
24%
15%
18%
17%
19%
19%
20%
18%
19%
17%

Weatherford International plc · WFRD

7.5%
3.4%
1.9%
9.8%
11%
14%
16%
16%
17%
16%
17%
19%
17%
15%
12%
20%
14%
15%
11%

Margin change · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

−1.8 pp
+2.7 pp
+2.0 pp
+7.0 pp
+10.8 pp
+11.7 pp
+10.7 pp
+9.2 pp
+2.0 pp
+2.2 pp
+6.2 pp
+5.8 pp
+3.8 pp
+8.1 pp
+10.2 pp
−1.3 pp

Baker Hughes Company · BKR

−4.3 pp
−2.4 pp
+0.7 pp
+1.9 pp
+8.6 pp
+5.8 pp
+0.4 pp
+2.9 pp
+4.1 pp
+4.6 pp
+3.4 pp
−1.1 pp
+2.6 pp
−2.9 pp
−4.1 pp
+11.1 pp
−0.6 pp

Cactus, Inc. · WHD

+10.1 pp
+9.8 pp
+5.9 pp
+0.6 pp
−10.1 pp
+2.6 pp
+2.9 pp
+1.0 pp
+11.6 pp
−4.2 pp
−2.7 pp
+1.7 pp
−5.3 pp
−3.0 pp
−3.0 pp
−11.8 pp

Halliburton Company · HAL

−4.3 pp
+4.8 pp
+4.2 pp
+5.3 pp
+10.0 pp
+2.1 pp
+2.2 pp
−0.2 pp
+0.3 pp
−0.8 pp
−1.8 pp
−4.2 pp
−4.5 pp
−4.2 pp
−1.7 pp
−0.2 pp
−0.4 pp

Kodiak Gas Services, Inc. · KGS

−0.6 pp
+1.2 pp
−5.5 pp
−5.1 pp
−3.8 pp
−13.0 pp
−6.0 pp
−4.6 pp
−0.8 pp
+13.4 pp
−0.5 pp
+3.8 pp
+3.8 pp

LandBridge Company LLC · LB

+11.3 pp
+70.1 pp
−406.0 pp
−96.1 pp
+18.3 pp
−14.1 pp
+257.4 pp
+49.6 pp
+10.6 pp
+0.2 pp

NOV Inc. · NOV

+3.1 pp
+6.1 pp
+8.8 pp
+7.8 pp
+4.7 pp
+5.5 pp
−0.9 pp
+1.1 pp
+5.5 pp
+0.5 pp
+2.1 pp
−0.3 pp
−7.6 pp
−4.0 pp
−5.0 pp
−4.9 pp

SLB N.V. · SLB

+2.4 pp
+2.7 pp
+3.0 pp
+3.4 pp
+2.3 pp
+1.7 pp
−0.1 pp
+0.6 pp
−0.4 pp
−0.6 pp
−1.2 pp
−2.6 pp
−2.4 pp
−5.0 pp
−4.9 pp
−1.5 pp
−1.8 pp

Solaris Energy Infrastructure, Inc. · SEI

+11.0 pp
+8.2 pp
+5.0 pp
+8.5 pp
−0.7 pp
+2.6 pp
−3.3 pp
−4.4 pp
−7.4 pp
+12.1 pp
+2.8 pp
+7.8 pp
+15.7 pp
−4.5 pp
+8.3 pp

TechnipFMC plc · FTI

+2.6 pp
+2.4 pp
+4.1 pp
+2.3 pp
+3.5 pp
+3.1 pp
+5.0 pp
+4.8 pp
+5.3 pp
+4.4 pp
+2.4 pp
+3.9 pp
+2.1 pp
+3.1 pp
−0.3 pp
+2.4 pp
+2.1 pp

Tenaris S.A. · TS

+13.8 pp
+13.8 pp
+15.3 pp
+12.3 pp
+7.7 pp
−0.2 pp
−6.3 pp
−9.2 pp
−16.0 pp
−8.4 pp
−6.1 pp
−4.7 pp
+3.5 pp
+1.6 pp
+0.7 pp
+0.1 pp
−2.2 pp

Weatherford International plc · WFRD

+7.0 pp
+3.3 pp
+10.6 pp
+13.7 pp
+6.0 pp
+5.8 pp
+1.9 pp
+1.6 pp
+3.0 pp
+0.6 pp
−1.1 pp
−5.3 pp
+0.9 pp
−2.8 pp
+0.6 pp
−1.2 pp
07 · compare level, then change

Profit Scale & Acceleration

SLB N.V. has the highest Net profit among the 30 Oil & Gas Equipment & Services companies compared here, at $3,150 million. Baker Hughes Company is next at $3,124 million. Flotek Industries, Inc. has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: SLB N.V. leads with $3,150 million of TTM profit, 0.8% above Baker Hughes Company. Flotek Industries, Inc. shows ≥100% on the scoring scale (114.3% uncapped) growth from a $30 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderSLB N.V. · $3,150 million
Gap0.8% versus #2 · Baker Hughes Company
Persistence1/8 recent comparable periods
Coverage19/30 companies · 520 observations

Investor read: SLB N.V. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1SLB N.V. SLB$3.2B
3Tenaris S.A. TS$2.0B
5TechnipFMC plc FTI$1.1B
Profit growthfastest growers
Net profit · company comparison
19/30 level · 17/30 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
SLB N.V. SLB$815M-22%Jun 2026
Baker Hughes Company BKR$682M-4.1%Jun 2026
Halliburton Company HAL$538M12%Jun 2026
Tenaris S.A. TS$492M-9.2%Jun 2026
TechnipFMC plc FTI$362M35%Jun 2026
Weatherford International plc WFRD$109M27%Jun 2026
Archrock, Inc. AROC$74M4.2%Mar 2026
Enerflex Ltd. EFXT$43M79%Mar 2026
Cactus, Inc. WHD$40M-26%Jun 2026
USA Compression Partners, LP USAC$38M81%Mar 2026
Oceaneering International, Inc. OII$36M-28%Jun 2026
Solaris Energy Infrastructure, Inc. SEI$32M146%Mar 2026
Flowco Holdings Inc. FLOC$27M0.0%Mar 2026
National Energy Services Reunited Corp. NESR$24M140%Mar 2026
Liberty Energy Inc. LBRT$23M15%Jun 2026
NOV Inc. NOV$20M-73%Jun 2026
LandBridge Company LLC LB$18M20%Mar 2026
Kodiak Gas Services, Inc. KGS$18M-42%Mar 2026
Bristow Group Inc. VTOL$13M-52%Mar 2026
WaterBridge Infrastructure LLC WBI$10M400%Mar 2026
Tidewater Inc. TDW$6M-86%Mar 2026
Flotek Industries, Inc. FTK$5M0.0%Mar 2026
EagleRock Land, LLC EROK$3MMar 2026
RPC, Inc. RES$1M-92%Jun 2026
Select Water Solutions, Inc. WTTR$0M-600%Mar 2026
Expro Group Holdings N.V. XPRO$-1M-107%Jun 2026
ProPetro Holding Corp. PUMP$-4M-140%Jun 2026
Innovex International, Inc. INVX$-17M-213%Mar 2026
Atlas Energy Solutions Inc. AESI$-47M-4,800%Mar 2026
NextDecade Corporation NEXT$-195M-85%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

$9M
$6M
$2M
$17M
$15M
$10M
$16M
$25M
$31M
$33M
$41M
$34M
$38M
$60M
$71M
$63M
$71M
$117M
$74M

Baker Hughes Company · BKR

$16M
$336M
$80M
$-837M
$-9M
$188M
$581M
$414M
$524M
$451M
$463M
$581M
$774M
$1.2B
$409M
$711M
$617M
$887M
$938M
$682M

Cactus, Inc. · WHD

$17M
$20M
$27M
$36M
$42M
$41M
$52M
$32M
$68M
$62M
$50M
$63M
$62M
$57M
$54M
$49M
$50M
$48M
$40M

Halliburton Company · HAL

$240M
$827M
$264M
$117M
$549M
$665M
$655M
$616M
$724M
$667M
$609M
$713M
$580M
$614M
$203M
$480M
$20M
$589M
$464M
$538M

Kodiak Gas Services, Inc. · KGS

$28M
$9M
$46M
$2M
$-12M
$18M
$22M
$-7M
$30M
$7M
$-6M
$20M
$31M
$40M
$-14M
$25M
$18M

LandBridge Company LLC · LB

$2M
$-1M
$45M
$17M
$3M
$11M
$-58M
$-3M
$8M
$15M
$18M
$20M
$18M
$18M

NOV Inc. · NOV

$-65M
$-43M
$-49M
$70M
$35M
$99M
$125M
$157M
$108M
$595M
$121M
$223M
$130M
$161M
$74M
$114M
$44M
$-81M
$20M

SLB N.V. · SLB

$562M
$611M
$520M
$970M
$919M
$1.1B
$944M
$1.0B
$1.1B
$1.1B
$1.1B
$1.1B
$1.2B
$1.1B
$829M
$1.0B
$774M
$800M
$761M
$815M

Solaris Energy Infrastructure, Inc. · SEI

$1M
$1M
$6M
$8M
$12M
$8M
$12M
$12M
$8M
$7M
$7M
$10M
$-2M
$14M
$13M
$24M
$25M
$-4M
$32M

TechnipFMC plc · FTI

$-39M
$-134M
$-34M
$8M
$11M
$-21M
$8M
$-96M
$94M
$13M
$161M
$186M
$278M
$245M
$143M
$268M
$311M
$193M
$260M
$362M

Tenaris S.A. · TS

$326M
$336M
$503M
$634M
$608M
$803M
$1.1B
$1.1B
$547M
$1.1B
$750M
$348M
$459M
$519M
$518M
$542M
$453M
$461M
$564M
$492M

Weatherford International plc · WFRD

$-89M
$-157M
$-74M
$12M
$37M
$76M
$81M
$90M
$131M
$147M
$123M
$137M
$166M
$124M
$86M
$145M
$87M
$139M
$109M

Profit growth · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

89%
67%
67%
700%
47%
107%
230%
156%
36%
23%
82%
73%
85%
87%
95%
4.2%

Baker Hughes Company · BKR

-156%
-44%
626%
140%
-20%
40%
48%
164%
-12%
22%
-20%
-26%
129%
-4.1%

Cactus, Inc. · WHD

140%
147%
105%
93%
-11%
62%
51%
-3.9%
97%
-8.8%
-8.1%
8.0%
-22%
-19%
-16%
-26%

Halliburton Company · HAL

-49%
129%
-20%
148%
427%
32%
0.3%
-7.0%
16%
-20%
-8.0%
-67%
-33%
-97%
-4.1%
129%
12%

Kodiak Gas Services, Inc. · KGS

-143%
100%
-52%
-450%
-61%
-127%
3.3%
471%
25%
-42%

LandBridge Company LLC · LB

50%
-229%
-118%
167%
36%
125%
20%

NOV Inc. · NOV

124%
209%
501%
-3.2%
42%
20%
-73%
-39%
-49%
-66%
-150%
-73%

SLB N.V. · SLB

119%
64%
77%
82%
7.9%
24%
6.1%
16%
9.4%
7.2%
-2.7%
-25%
-8.5%
-36%
-28%
-8.2%
-22%

Solaris Energy Infrastructure, Inc. · SEI

1,100%
700%
100%
50%
-33%
-13%
-42%
-17%
-125%
100%
86%
140%
-129%
146%

TechnipFMC plc · FTI

-1,300%
755%
1,913%
196%
1,785%
-11%
44%
12%
-21%
82%
35%

Tenaris S.A. · TS

119%
87%
139%
124%
79%
-10%
43%
-34%
-69%
-16%
-55%
-31%
56%
-1.3%
-11%
8.9%
-9.2%

Weatherford International plc · WFRD

650%
254%
93%
52%
52%
27%
-16%
-30%
5.8%
-48%
12%
27%
08 · compare level, then change

Return On Capital Employed

Halliburton Company has the highest ROCE among the 30 Oil & Gas Equipment & Services companies compared here, at 14.9%. Tenaris S.A. is next at 12.2%. TechnipFMC plc has the highest ROCE change at +1.8 percentage points, so level and change sit with different companies. 30 of 30 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Halliburton Company leads ROCE at 14.9%, 2.7 percentage points above Tenaris S.A.. TechnipFMC plc has the strongest latest improvement at +1.8 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderHalliburton Company · 14.9%
Gap22.1% versus #2 · Tenaris S.A.
Persistence0/8 recent comparable periods
Coverage30/30 companies · 529 observations

Investor read: Halliburton Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCE changefastest improvers
1TechnipFMC plc FTI+1.8 pp
4NOV Inc. NOV+0.6 pp
5Cactus, Inc. WHD+0.6 pp
Return on capital · company comparison
30/30 level · 29/30 change
All-company data · latest reported quarter
CompanyROCEROCE changeReported
Halliburton Company HAL15%−2.1 ppJun 2026
Tenaris S.A. TS12%0.0 ppJun 2026
TechnipFMC plc FTI9.8%+1.8 ppJun 2026
EagleRock Land, LLC EROK7.2%Mar 2026
Flotek Industries, Inc. FTK5.3%+0.6 ppMar 2026
Oceaneering International, Inc. OII4.9%−0.1 ppJun 2026
Cactus, Inc. WHD4.5%+0.6 ppJun 2026
Enerflex Ltd. EFXT3.7%0.0 ppMar 2026
Archrock, Inc. AROC3.2%−0.7 ppMar 2026
Tidewater Inc. TDW3.1%−1.2 ppMar 2026
Baker Hughes Company BKR3.0%−1.1 ppJun 2026
USA Compression Partners, LP USAC3.0%+0.3 ppMar 2026
Weatherford International plc WFRD2.9%−3.8 ppJun 2026
SLB N.V. SLB2.8%−0.5 ppJun 2026
Solaris Energy Infrastructure, Inc. SEI2.8%−0.2 ppMar 2026
National Energy Services Reunited Corp. NESR2.8%+1.1 ppMar 2026
Kodiak Gas Services, Inc. KGS2.6%+0.1 ppMar 2026
LandBridge Company LLC LB2.5%−2.5 ppMar 2026
NOV Inc. NOV2.2%+0.6 ppJun 2026
Flowco Holdings Inc. FLOC2.2%−2.4 ppMar 2026
Bristow Group Inc. VTOL1.8%−0.1 ppMar 2026
WaterBridge Infrastructure LLC WBI1.3%+0.1 ppMar 2026
Select Water Solutions, Inc. WTTR1.3%0.0 ppMar 2026
RPC, Inc. RES1.2%−0.1 ppJun 2026
Expro Group Holdings N.V. XPRO0.6%−1.2 ppJun 2026
Liberty Energy Inc. LBRT0.4%−1.0 ppJun 2026
ProPetro Holding Corp. PUMP-0.2%+0.1 ppJun 2026
NextDecade Corporation NEXT-0.5%+0.5 ppJun 2026
Atlas Energy Solutions Inc. AESI-1.6%−2.4 ppMar 2026
Innovex International, Inc. INVX-2.0%−4.3 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

0.9%
1.0%
1.0%
1.3%
1.3%
1.4%
1.9%
2.5%
2.7%
2.7%
3.2%
2.9%
2.7%
3.4%
3.9%
3.5%
3.6%
4.1%
3.2%

Baker Hughes Company · BKR

1.4%
2.1%
1.1%
-0.1%
1.1%
2.7%
1.8%
2.1%
3.0%
3.4%
2.9%
3.6%
4.4%
4.5%
2.5%
4.1%
3.4%
3.1%
4.3%
3.0%

Cactus, Inc. · WHD

2.5%
3.1%
3.5%
4.8%
5.6%
5.1%
4.4%
4.3%
7.8%
6.7%
4.6%
5.8%
5.5%
4.8%
4.6%
3.9%
3.9%
3.7%
2.7%
4.5%

Halliburton Company · HAL

8.7%
9.7%
11%
10%
13%
15%
17%
20%
21%
21%
21%
21%
20%
20%
19%
17%
16%
15%
15%
15%

Kodiak Gas Services, Inc. · KGS

0.0%
0.0%
2.0%
2.0%
4.0%
4.1%
2.0%
2.0%
2.0%
1.5%
1.8%
1.9%
2.5%
2.4%
1.6%
2.2%
2.6%

LandBridge Company LLC · LB

0.0%
1.2%
7.6%
2.1%
0.7%
2.8%
5.0%
5.4%
3.6%
2.9%
2.5%

NOV Inc. · NOV

-0.5%
-0.2%
-0.3%
0.9%
0.7%
2.1%
1.6%
2.3%
2.3%
1.9%
1.9%
3.7%
2.2%
2.3%
1.7%
1.6%
1.2%
1.0%
0.5%
2.2%

SLB N.V. · SLB

2.4%
2.6%
2.2%
3.0%
3.7%
4.2%
3.8%
4.1%
4.4%
4.5%
4.2%
4.2%
4.4%
4.0%
3.3%
3.3%
2.7%
2.6%
2.8%
2.8%

Solaris Energy Infrastructure, Inc. · SEI

0.5%
0.4%
1.9%
2.7%
3.6%
2.6%
3.7%
3.9%
2.4%
2.2%
2.4%
2.9%
0.8%
3.4%
3.0%
4.0%
3.2%
2.6%
2.8%

TechnipFMC plc · FTI

0.5%
-0.5%
0.2%
1.2%
1.4%
0.5%
0.9%
2.9%
3.1%
2.6%
3.1%
6.2%
5.6%
4.2%
5.3%
8.0%
7.8%
4.4%
7.0%
9.8%

Tenaris S.A. · TS

3.7%
5.7%
8.7%
12%
16%
20%
24%
27%
26%
24%
20%
17%
14%
13%
11%
12%
12%
13%
13%
12%

Weatherford International plc · WFRD

1.8%
0.9%
0.5%
2.9%
3.5%
5.1%
5.6%
6.2%
6.7%
6.7%
7.2%
8.0%
7.3%
5.9%
4.2%
6.7%
5.0%
5.6%
3.4%
2.9%

ROCE change · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

+0.4 pp
+0.4 pp
+0.9 pp
+1.2 pp
+1.4 pp
+1.3 pp
+1.3 pp
+0.4 pp
0.0 pp
+0.7 pp
+0.7 pp
+0.6 pp
+0.9 pp
+0.7 pp
−0.7 pp

Baker Hughes Company · BKR

−0.3 pp
+0.6 pp
+0.7 pp
+2.2 pp
+1.9 pp
+0.7 pp
+1.1 pp
+1.5 pp
+1.4 pp
+1.1 pp
−0.4 pp
+0.5 pp
−1.0 pp
−1.4 pp
+1.8 pp
−1.1 pp

Cactus, Inc. · WHD

+3.1 pp
+2.0 pp
+0.9 pp
−0.5 pp
+2.2 pp
+1.6 pp
+0.2 pp
+1.5 pp
−2.3 pp
−1.9 pp
0.0 pp
−1.9 pp
−1.6 pp
−1.1 pp
−1.9 pp
+0.6 pp

Halliburton Company · HAL

+4.1 pp
+5.0 pp
+6.2 pp
+9.7 pp
+7.9 pp
+6.7 pp
+4.3 pp
+1.0 pp
−0.3 pp
−1.3 pp
−2.4 pp
−4.0 pp
−4.4 pp
−4.7 pp
−3.7 pp
−2.1 pp

Kodiak Gas Services, Inc. · KGS

+2.0 pp
+2.0 pp
0.0 pp
0.0 pp
−2.0 pp
−2.6 pp
−0.2 pp
−0.1 pp
+0.5 pp
+0.9 pp
−0.2 pp
+0.3 pp
+0.1 pp

LandBridge Company LLC · LB

+7.6 pp
+0.9 pp
−6.9 pp
+0.7 pp
+2.9 pp
+0.1 pp
−2.5 pp

NOV Inc. · NOV

+1.2 pp
+2.3 pp
+1.9 pp
+1.4 pp
+1.6 pp
−0.2 pp
+0.3 pp
+1.4 pp
−0.1 pp
+0.4 pp
−0.2 pp
−2.1 pp
−1.0 pp
−1.3 pp
−1.2 pp
+0.6 pp

SLB N.V. · SLB

+1.3 pp
+1.6 pp
+1.6 pp
+1.1 pp
+0.7 pp
+0.3 pp
+0.4 pp
+0.1 pp
0.0 pp
−0.5 pp
−0.9 pp
−0.9 pp
−1.7 pp
−1.4 pp
−0.5 pp
−0.5 pp

Solaris Energy Infrastructure, Inc. · SEI

+3.1 pp
+2.2 pp
+1.8 pp
+1.2 pp
−1.2 pp
−0.4 pp
−1.3 pp
−1.0 pp
−1.6 pp
+1.2 pp
+0.6 pp
+1.1 pp
+2.4 pp
−0.8 pp
−0.2 pp

TechnipFMC plc · FTI

+0.9 pp
+1.0 pp
+0.7 pp
+1.7 pp
+1.7 pp
+2.1 pp
+2.2 pp
+3.3 pp
+2.5 pp
+1.6 pp
+2.2 pp
+1.8 pp
+2.2 pp
+0.2 pp
+1.7 pp
+1.8 pp

Tenaris S.A. · TS

+12.2 pp
+14.7 pp
+15.6 pp
+14.7 pp
+10.5 pp
+3.2 pp
−4.2 pp
−10.4 pp
−12.0 pp
−10.5 pp
−8.7 pp
−4.4 pp
−2.2 pp
−0.4 pp
+1.2 pp
0.0 pp

Weatherford International plc · WFRD

+1.7 pp
+4.2 pp
+5.1 pp
+3.3 pp
+3.2 pp
+1.6 pp
+1.6 pp
+1.8 pp
+0.6 pp
−0.8 pp
−3.0 pp
−1.3 pp
−2.3 pp
−0.3 pp
−0.8 pp
−3.8 pp
09 · compare level, then change

Valuation Against Growth & Quality

Innovex International, Inc. has the lowest PEG among the 30 Oil & Gas Equipment & Services companies compared here, at 0.1×. Bristow Group Inc. is next at 0.24×. Oceaneering International, Inc. has the lowest P/E at 11.6×, so level and change sit with different companies. 14 of 30 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Innovex International, Inc. has the lowest comparable PEG at 0.1×, 58.3% below Bristow Group Inc.. Only 14 of 30 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderInnovex International, Inc. · 0.1×
Gap58.3% versus #2 · Bristow Group Inc.
Persistence0/7 recent comparable periods
Coverage14/30 companies · 56 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
Valuation · company comparison
14/30 level · 28/30 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Baker Hughes Company BKR2.917.9Jun 2026
Enerflex Ltd. EFXT2.331.3Mar 2026
Kodiak Gas Services, Inc. KGS2.078.8Mar 2026
SLB N.V. SLB1.922.5Jun 2026
Select Water Solutions, Inc. WTTR1.772.9Mar 2026
Cactus, Inc. WHD1.443.8Jun 2026
Halliburton Company HAL1.117.7Jun 2026
Tenaris S.A. TS1.014.6Jun 2026
USA Compression Partners, LP USAC0.728.0Mar 2026
TechnipFMC plc FTI0.623.0Jun 2026
Weatherford International plc WFRD0.616.1Jun 2026
Solaris Energy Infrastructure, Inc. SEI0.563.5Mar 2026
Tidewater Inc. TDW0.414.0Mar 2026
National Energy Services Reunited Corp. NESR0.433.0Mar 2026
Oceaneering International, Inc. OII0.411.6Jun 2026
Archrock, Inc. AROC0.318.9Mar 2026
Bristow Group Inc. VTOL0.212.2Mar 2026
Liberty Energy Inc. LBRT0.135.4Jun 2026
Innovex International, Inc. INVX0.132.5Mar 2026
NOV Inc. NOV71.4Jun 2026
LandBridge Company LLC LB71.2Mar 2026
WaterBridge Infrastructure LLC WBI1,040.6Mar 2026
Flowco Holdings Inc. FLOC17.6Mar 2026
Expro Group Holdings N.V. XPRO82.1Jun 2026
Atlas Energy Solutions Inc. AESI95.5Mar 2026
RPC, Inc. RES64.8Jun 2026
ProPetro Holding Corp. PUMP951.0Jun 2026
Flotek Industries, Inc. FTK21.8Mar 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

0.4
0.5
0.4
0.3

Baker Hughes Company · BKR

0.5
0.3
0.2
0.6
2.9

Cactus, Inc. · WHD

0.4
0.4
1.0
0.4
1.0
2.6
1.4

Halliburton Company · HAL

0.6
0.3
0.4
1.1

Kodiak Gas Services, Inc. · KGS

0.6
2.6
3.9
0.9
2.0

Oceaneering International, Inc. · OII

0.4

SLB N.V. · SLB

0.4
0.5
0.8
1.5
1.3
1.8
1.9

Solaris Energy Infrastructure, Inc. · SEI

0.2
0.5

TechnipFMC plc · FTI

0.4
1.0
0.7
0.6

Tenaris S.A. · TS

0.1
0.6
1.0

Tidewater Inc. · TDW

0.4
0.4

Weatherford International plc · WFRD

0.2
0.6

P/E · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Archrock, Inc. · AROC

45.8
41.6
54.3
37.6
24.7
32.1
25.7
23.8
23.8
23.0
23.7
22.7
22.2
23.7
22.2
18.8
17.5
14.2
18.9

Baker Hughes Company · BKR

107.5
145.1
28.0
21.3
17.9
18.7
17.9
16.2
13.8
15.0
12.5
16.8
17.5
19.5
17.9

Cactus, Inc. · WHD

58.0
45.9
57.9
32.5
25.0
27.9
19.8
21.0
21.7
17.7
20.0
18.3
21.2
21.1
16.3
16.5
15.7
19.0
44.7
43.8

Halliburton Company · HAL

48.4
14.1
22.0
19.8
12.8
22.7
14.6
12.1
13.8
12.3
13.5
11.1
10.1
9.6
10.5
9.4
16.0
18.5
21.1
17.7

Kodiak Gas Services, Inc. · KGS

18.0
44.7
69.2
25.8
33.2
61.7
72.9
70.4
38.1
46.2
42.0
78.8

LandBridge Company LLC · LB

966.9
475.2
265.2
164.6
52.1
71.2

NOV Inc. · NOV

539.3
53.6
22.0
15.3
16.6
8.1
7.8
7.1
5.9
9.1
10.2
10.2
13.3
40.1
78.4
71.4

SLB N.V. · SLB

25.3
22.7
28.1
19.4
17.3
22.4
18.3
17.9
20.2
17.9
18.2
15.4
13.5
12.3
14.2
11.6
13.3
16.3
22.4
22.5

Solaris Energy Infrastructure, Inc. · SEI

102.6
35.1
18.7
15.5
11.2
9.9
13.7
10.2
12.8
13.4
29.0
57.6
44.4
48.0
42.5
69.7
63.5

TechnipFMC plc · FTI

26.9
197.3
167.8
53.4
24.0
17.3
15.2
16.7
16.3
17.6
19.4
26.4
23.0

Tenaris S.A. · TS

14.9
11.2
12.1
8.2
7.3
8.1
5.3
4.8
5.2
5.2
6.5
6.3
6.6
10.0
11.6
9.9
9.3
10.2
15.1
14.6

Weatherford International plc · WFRD

141.4
24.4
19.1
19.1
17.3
18.7
18.2
11.9
10.6
8.6
7.8
12.4
13.2
14.8
16.1
10 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Oil & Gas Equipment & Services comparison names 4 specific ways its own evidence can mislead, all listed below. All 30 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
11 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 30 Oil & Gas Equipment & Services companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-09-16.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-09-16 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
12 · questions investors ask, short speakable answers

Oil & Gas Equipment & Services company comparison FAQs

These 22 answers restate the Oil & Gas Equipment & Services comparison above in question form. Every one is computed from the same 30 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-16. Nothing here is estimated, and none of it is a recommendation.

Is the Oil & Gas Equipment & Services sector outperforming S&P 500?

Oil & Gas Equipment & Services has outperformed S&P 500 by 50.3% over 52 weeks and 2.5% over 13 weeks. 17 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 10 of 29 beat the sector itself.

Which Oil & Gas Equipment & Services company is largest by revenue?

SLB N.V. leads with revenue of $36,366 million, based on 19 of 30 comparable companies through Jun 2026.

Which Oil & Gas Equipment & Services company is growing fastest?

Solaris Energy Infrastructure, Inc. has the fastest current revenue growth at 86.5%, across 19 of 30 comparable companies.

Which Oil & Gas Equipment & Services company has the strongest 4-Factor Sector Score?

TechnipFMC plc ranks first at 68.1/100 with 85.3% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Oil & Gas Equipment & Services company has the lowest comparable PEG?

Innovex International, Inc. has the lowest comparable PEG at 0.1, among 14 of 30 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Oil & Gas Equipment & Services comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Which Oil & Gas Equipment & Services company is the biggest?

SLB N.V. is the largest, with trailing-twelve-month revenue of $36,366 million, ahead of Baker Hughes Company at $27,725 million. That covers 19 of 30 companies with comparable reporting through Jun 2026.

Which Oil & Gas Equipment & Services company has the best profit margins?

LandBridge Company LLC has the highest operating margin at 57.2%, from 29 of 30 comparable companies. EagleRock Land, LLC shows the biggest recent improvement, at +18.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Oil & Gas Equipment & Services company makes the most profit?

SLB N.V. earns the most, at $3,150 million of trailing-twelve-month net profit, from 19 of 30 comparable companies. Flotek Industries, Inc. has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

Which Oil & Gas Equipment & Services company earns the highest return on capital?

Halliburton Company leads on return on capital employed at 14.9%, across 30 of 30 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Oil & Gas Equipment & Services stock is the cheapest?

On PEG — where a LOWER number is cheaper — Innovex International, Inc. screens cheapest at 0.1×. Only 14 of 30 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Oil & Gas Equipment & Services sector beating the market?

Oil & Gas Equipment & Services has outperformed S&P 500 by 50.3% over the last 52 weeks and 2.5% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 17 of 29 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Oil & Gas Equipment & Services stock has the strongest price momentum?

Flotek Industries, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Oil & Gas Equipment & Services company scores highest for research priority?

TechnipFMC plc scores 68.1 out of 100 with 85.3% evidence confidence, from 24.2 points on growth and earnings, 15 on capital efficiency, 13.4 on valuation and 15.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Oil & Gas Equipment & Services companies does this comparison cover, and over what period?

It compares 30 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Oil & Gas Equipment & Services sector?

The 30 Oil & Gas Equipment & Services companies on this page carry $306,631 million of combined market value. SLB N.V. is the largest at $77,621 million, about 25% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-16.

What is the Oil & Gas Equipment & Services sector's P/E ratio?

The median price-to-earnings ratio across the 30 Oil & Gas Equipment & Services companies on this page is 32.5×, measured on the 28 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-09-16.

How is the Oil & Gas Equipment & Services sector performing?

17 of the 29 covered Oil & Gas Equipment & Services companies are beating S&P 500 on Mansfield relative strength. The sector itself is 50.3% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-16.

How many Oil & Gas Equipment & Services stocks are listed in the US?

This comparison covers 30 listed Oil & Gas Equipment & Services companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

Not SEBI Registered !! Not Investment advice !!

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